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UAE Health Tech Startups Lead Week as Oyster Therapeutics and Clinics On Cloud Raise $72.5 Million

Dubai, UAE – Health technology dominated UAE startup funding in the second week of November 2026, with two Series A rounds totalling $72.5 million, according to entARABI’s weekly funding tracker for 7–13 November.

UAE deals of the week

  • Oyster Therapeutics – $60 million Series A: a health tech company whose round included participation from the venture arm of UAE-based Crescent Enterprises.
  • Clinics On Cloud – $12.5 million Series A: an India-based health tech company whose round was led by UAE-based investor Model 42.
  • Wafr (blockchain) and Soter Insure (fintech) also announced deals, with values undisclosed.

Regional picture

Startups across the Middle East raised $173.8 million across eight deals during the week, with values disclosed for four. Saudi Arabia accounted for $101.3 million (about 58%), led by a $100 million Series B for AI sales-agent company Rox, while the UAE accounted for $72.5 million (about 42%). The total was well below the previous week’s $5.11 billion, which was boosted by a handful of very large rounds.

Why health tech

Investors continue to back companies that digitise clinics, improve diagnosis and bring new therapies to market, supported by the UAE’s fast-growing healthcare sector and government focus on life sciences.

Source: entARABI.

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